WHAT IS A CASH ADVANCE?
A cash advance is a short-term loan often used to cover unexpected expenses, late fees, bouncing checks and emergencies. Short term loans are effective when dealing with immediate financial situations, and are not meant to act as long term solutions.
WHAT ARE THE REQUIREMENTS TO GET A CASH ADVANCE?
Although getting a cash advance is easier than securing a loan from a bank, we still require our customers to meet the following criteria:
- provide us with a valid checking account for at least 3 months
- have a full time job for at least 6 months
- live at the same address for at least 6 months
- get paid by cheque or direct deposit
- not be in bankruptcy or have any garnishes against your pay.
I'M AN ENTREPRENEUR. CAN I APPLY FOR A CASH ADVANCE?
We only accept applicants who receive their salary via direct deposit.
HOW MUCH MONEY AM I ALLOWED TO BORROW?
We can provide cash advances of $300 to $1500.
WHEN CAN I EXPECT THE FUNDS TO ARRIVE
1) The quickest way is to apply in person at our office and receive your loan in cash within 30 minutes.
2) If applying online, and the transfer is done before 11:00 A.M. Eastern Standard Time, the funds will be wired directly into your bank account the same day. However, if the transfer is done any time after 11:00 A.M., it will take a full 24hrs to receive your funds.
WHAT DO I NEED TO FAX IN?
Please be ready with the following:
- Two photo IDs and proof of your SIN
- Utility Bill (proof of address)
- Most 2 recent pay stubs
- Void Check / Pre-authorized debit form
- Bank statement from the last 90 days
WHAT IS A SHORT TERM LOAN?
A short term loan is a service which provides customers with a short term financial solution.
WHAT CAN I USE MY SHORT TERM LOAN FOR?
A short term loan can be used for a number of things. The most common are: a bill payment, an unexpected expense, a weekend getaway, or avoiding an NSF charge.